US indexes gather pace during May 15-19 trading week
The Dow Jones Industrial Average gained 126.01 points or 0.4% to 33,426.63 and the S&P 500 added 67.9 points or 1.6 % over the week to 4,191.98. Among the week’s…
Potash
Nevada regains top spot as most attractive mining jurisdiction
The state of Nevada is once again the world’s top-ranked jurisdiction for mining and exploration after yielded the spot last year to Western Australia, the Fraser Institute’s 2022 annual survey of…
Danakali sells stake in flagship Colluli potash project in Eritrea To Chinese buyer
Australia’s Danakali (ASX: DNK) has completed the sale of its 50% stake in the Colluli potash project in Eritrea, 13 years after partnering with the Eritrean National Mining Corp. (ENAMCO) to build…
BHP inks new contracts with First Nations communities at Jansen potash project
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) announced Friday that as construction progresses at its Jansen potash project in Saskatchewan, it has awarded three new contracts in partnership with local…
Anglo American takes US$1.7B writedown on British fertilizer mine
Anglo American (LSE: AAL) said Thursday it would take a US$1.7-billion charge due to higher costs and delays at its Woodsmith fertilizer project, which is being built beneath the North…
Feds inject $75M into BHP’s Jansen potash mine
The federal government is investing $100 million to support the development of BHP’s low-emissions Jansen potash mine in Saskatchewan, about 140 km east of Saskatoon. The cash injection will be…
World to face ongoing potash price crunch as Brazil Potash propels Autazes toward production
High potash prices will likely persist as the world scrambles to bring more production online amidst concerns over food security, privately held developer Brazil Potash says. Protectionism from some countries has…
Resource nationalism on the rise, says VRIC’s Jay Martin, as mining juniors head to Vancouver
There’s no denying the world is an entirely different place compared with a year ago, says Cambridge House International’s president and CEO, Jay Martin, as more than 300 mining juniors…
Europe’s largest rare earths deposit found in Sweden
Swedish state-owned mining company LKAB said it has found Europe’s largest known deposit of rare earths close to Kiruna, the country’s northernmost town. The Per Geijer deposit, just north of the…
The Northern Miner’s most clicked stories of 2022
As we end off 2022, The Northern Miner takes a look at the top 10 most-clicked stories on our website from Jan. 1 to Dec. 15. No. 1: Canada’s Top…
Mosaic cuts back production at Colonsay potash mine
US fertilizer producer Mosaic (NYSE: MOS) has temporarily cut production at its Colonsay potash mine in Saskatchewan, Canada, due to slower-than-expected demand. Prior to the curtailment, Colonsay had been operating at…
TSX drifts downward over the Nov. 11-18 trading week
Stocks fell slightly over the Nov. 11-18 trading period as energy stocks suffered from European oil and natural gas inventories approaching capacity and tech companies like Amazon announced layoffs, while…